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STANDARDISED LOAN INTEREST RATES
RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsThis is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the extent one might have expected, es...
Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...
Business is one thing. Stock price is another. 4 small-caps from different sectors with upside potential of up to 33%The Nifty and the Sensex are correcting after a few days of gains. While it may seem like the whole market is turning down, remember that t...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 23%Sentiment is a fickle thing and can change before you know it. And by the time you figure out why, the market would have moved on. So, whil...
Highest FCNR (B) FD interest rates for NRIs: PNB offers 6.50%, compare SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank rates
Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
Good news for HDFC Bank borrowers: Lending rates reduced across multiple tenures; check latest listIn a strategic move, HDFC Bank has reduced its MCLR rates across various tenures by as much as five basis points, effective from August 7, ...
Same salary, different story: Why your colleague got a bigger loan than you
RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
Govt mobilises Rs 31,552 crore via LIC offer for saleThe government successfully raised ₹31,552 crore through the Life Insurance Corp of India Offer for Sale. This significant mobilization inc...
New framework to standardise interest rate rules on the anvil, says RBIThe Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to i...
RBI proposes new rules to standardise how lenders set interest ratesIn a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initi...
Lower real interest rates have not hurt deposit growth in India: SBI ResearchDeposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandRealtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to...
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
RBI to resume urban cooperative banks' licensing after 22-year pause, review rural bank rulesThe Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring f...
Changes in EBLR & MCLR framework, interest rate charging mechanism and how reset dates are decided- RBI proposalRBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to ha...
These 7 banking stocks have an upside potential of up to 25% in 1 year, according to analystsLet us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...
Personal loan vs credit card: Here's exactly when to use each one during an emergency